TRON’s video platform enters partnership with VideoElephant

  • The video streaming service TronTV has entered into a cooperation with VideoElephant.
  • This is intended to further promote growth and dissemination of the service.

Tron’s ecosystem has grown rapidly since its official launch. Justin Sun, founder of Tron, purchased the BitTorrent file sharing platform for $140 million to reach more active users. Another but so far unknown project of Tron is TronTV, a video streaming service that has entered a new partnership.

TronTV cooperates with VideoElephant

TronTV is a fast growing video streaming service that now reaches over 85 million viewers per month. Yesterday, TronTV announced its licensing partnership with global video aggregator and distributor VideoElephant.

The partnership is intended to support TronTV in its further growth. VideoElephant will integrate TronTV content into its database and distribute it across its entire network to reach more viewers and expand its target audience.

VideoElephant was founded in 2012 and has since become a leader in the content distribution industry. It offers a central video database with over 2,000,000 videos, with more than 2,500 new videos added daily. The videos are broadcast to Web, Ad Tech, OTT, Mobile and Broadcast customers.

TronTV is a formatted ad-supported Video On Demand (AVOD) platform that collects the latest and most popular videos from the Internet. The platform covers many different genres, such as entertainment news, sports highlights, gaming reviews, movie trailers and the funniest clips on the web.

TronTV is available both on the mobile web and on the desktop. Next year, the presence is to be further expanded, including the introduction of a native mobile app and Connected TV (CTV) channels. Today, TronTV ranks 3,317 on Alexa in the USA and 3,230 worldwide.

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TRON continues on expansion course

As we have already reported, Tron has entered into a partnership with the Coingaming Group. The Coingaming Group operates websites such as Sportsbet.io and Bitcasino.io which reach several million hits per month. TRX can now be deposited and used on the company’s websites and other gaming offerings.

Another major step forward is the listing of TRX on the Poloniex exchange. Trading is now available for many trading pairs. Poloniex was last sold by Circle and taken over by investors from the Asian region. Poloniex wants to expand its presence in Asia and win new customers.

In cooperation with BitGo, Tron has developed a custody solution for investors who bring large amounts of capital with them and want to keep it safe. In addition, the TRX Wallet will support multi-signatures to effectively improve security.

TRX’s price has been showing a sideways trend (+ 2.19%) to a price of USD 0.0199 in the last 24 hours.

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About Author

Collin is a Bitcoin investor of the early hour and a long-time trader in the crypto and forex market. He's fascinated by the complex possibilities of blockchain technology and tries to make matter accessible to everyone. His reports focus on developments about the technology for different cryptocurrencies.

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